2040 47 Street, Calgary

Detached Bungalow for Sale

2040 47 Street, Calgary, MLS® # A2233702
  • MLS®#: A2233702
  • Price: $590,000
  • Bedrooms: 4
  • Bathrooms: 2(full) 0(half)
  • Parking: 5
  • Status: Active
  • Year Built: 1959
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Incredible Investment Opportunity on a Prime Corner Lot! This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable. Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality. The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area. Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside.

Contact Tessa Corley-Rae & Maria Corley About MLS® A2233702

Required Field

Tessa Corley-Rae & Maria Corley , 403.478.1232 at Real Estate Professionals Inc., 202, 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1

property information

  • Property Type: Detached Home
  • MLS®#: A2233702
  • Style: Bungalow
  • Year Built: 1959
  • Lot Shape: Back Lane,Back Yard,Corner Lot
  • Total Floor Area: 1,049 sq.ft
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Community Information

  • Address: 2040 47 Street
  • Neighbourhood: Forest Lawn
  • City: Calgary
  • Postal Code: T2B 1L3
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interior

  • Included: Basement: Refrigerator, Electric Stove, Hood Fan
  • Bedrooms: 4 (Bedrooms Above: 3)
  • Bathrooms: Full: 2
  • Rooms Above Grade: 6
  • Fireplace Details: For Sale
  • Basement: Separate/Exterior Entry, Full, Suite, Separate/Exterior Entry, Full, Suite
  • Floor Finish: Ceramic Tile, Hardwood, Linoleum
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exterior

  • Exterior Features: Back Lane, Back Yard, Corner Lot
  • Exterior Finish: Stucco, Wood Frame, Wood Siding
  • Construction: Stucco,Wood Frame,Wood Siding
  • Roof: Asphalt Shingle
  • Front Exposure: W
  • Frontage: 16.46M 54`0" metres
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services & amenities

  • Parking: Double Garage Detached, Driveway, Oversized (5 Total Parking Spaces)
  • Heating: Forced Air
  • Heating: Forced Air
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$590,000

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Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.